How much does a Payroll Manager make?
A Payroll Manager plays a key role in ensuring that employees receive their pay on time. They handle all aspects of payroll, from calculating wages to distributing paychecks. This important job comes with a rewarding salary. On average, Payroll Managers earn about $102,804 per year. This salary can vary based on experience, location, and the size of the company.
Payroll Managers with more experience often earn more. For example, those with 10-19 years of experience may earn around $124,182 per year. Location also plays a big part. Major cities and areas with a higher cost of living usually offer higher salaries. Companies in certain industries, like finance or technology, may also pay more. This makes the role of a Payroll Manager not only valuable but also financially rewarding.
What are the highest paying cities for a Payroll Manager?
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San Francisco, CA
Average Salary: $124,658
In San Francisco, payroll professionals often work with tech giants like Google and Salesforce. The city's dynamic economy offers many opportunities for growth. The cost of living is high, but so are the salaries.
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Seattle, WA
Average Salary: $123,816
Seattle is home to major companies like Amazon and Microsoft. Working here means dealing with a tech-savvy workforce. The city's vibrant culture and outdoor activities make it a great place to live.
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San Jose, CA
Average Salary: $122,901
San Jose, the heart of Silicon Valley, offers many opportunities for payroll managers. Companies like Apple and Intel are prominent here. The tech industry's growth provides a stable job market.
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Baltimore, MD
Average Salary: $122,025
Baltimore offers a mix of industries, from healthcare to finance. Working here means dealing with a diverse set of companies. The city's rich history and cultural events add to its appeal.
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Dallas, TX
Average Salary: $119,374
Dallas is a business hub with companies like AT&T and ExxonMobil. The city's fast-paced environment offers many opportunities. The cost of living is moderate, making it an attractive option.
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Detroit, MI
Average Salary: $117,974
Detroit is known for its automotive industry. Working here means dealing with companies like Ford and General Motors. The city is experiencing a revival, offering new opportunities.
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Atlanta, GA
Average Salary: $116,971
Atlanta is a growing city with companies like Coca-Cola and Delta Airlines. The job market is diverse and dynamic. The city's warm climate and southern hospitality make it a pleasant place to work.
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Washington, DC
Average Salary: $116,468
Washington, DC, offers a mix of government and private sector jobs. Working here means dealing with a unique blend of industries. The city's rich history and political environment add to its appeal.
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Tampa, FL
Average Salary: $114,334
Tampa offers a growing job market with companies like Raymond James and TECO Energy. The city's warm climate and beautiful beaches make it a great place to live. The cost of living is moderate.
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Chicago, IL
Average Salary: $109,703
Chicago is a major business hub with companies like Boeing and McDonald's. The city offers a diverse job market. The cost of living is high, but so are the salaries. The city's rich culture and history add to its appeal.
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What are the best companies a Payroll Manager can work for?
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Deloitte
Average Salary: $185,986
Deloitte offers rewarding Payroll Manager jobs with a focus on innovation and client service. They operate in many locations, including major cities across the United States and internationally.
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KPMG
Average Salary: $175,220
KPMG provides excellent opportunities for Payroll Managers. They work in various sectors and have offices in many major cities worldwide.
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PwC
Average Salary: $163,797
PwC offers competitive salaries for Payroll Managers. They have a global presence with offices in many key cities.
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Ford Agency
Average Salary: $125,000
Ford Agency provides a dynamic environment for Payroll Managers. They operate in several locations, focusing on delivering top-notch service.
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FedEx
Average Salary: $107,596
FedEx offers stable Payroll Manager positions. They have a vast network of locations, ensuring diverse opportunities.
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Aston Carter
Average Salary: $103,968
Aston Carter provides Payroll Manager jobs with a focus on professional growth. They have offices in various locations, offering many opportunities.
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Robert Half
Average Salary: $102,582
Robert Half offers rewarding Payroll Manager positions. They have a wide presence in many locations, providing diverse career paths.
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Vaco
Average Salary: $99,537
Vaco provides Payroll Manager jobs with a focus on career development. They operate in many key locations, offering various opportunities.
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Ledgent Finance & Accounting
Average Salary: $97,409
Ledgent Finance & Accounting offers Payroll Manager positions with a focus on client service. They have offices in many locations, providing diverse opportunities.
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R Wireless Verizon Wireless Premium Retailer
Average Salary: $71,769
R Wireless Verizon Wireless Premium Retailer offers Payroll Manager jobs with a focus on retail excellence. They operate in many locations, providing various opportunities.
How to earn more as a Payroll Manager?
A Payroll Manager plays a crucial role in ensuring that employees receive their wages on time and accurately. This responsibility can lead to a rewarding career with good earning potential. To maximize earnings in this role, consider these key factors:
- Experience: Gaining more experience can lead to higher pay. Each year of experience often brings increased responsibilities and a higher salary.
- Certifications: Obtaining certifications such as Certified Payroll Professional (CPP) can enhance credibility and earning potential. Employers often value certified professionals.
- Location: Pay scales can vary significantly by region. Urban areas with a higher cost of living typically offer higher salaries.
- Industry: Working in industries like finance, technology, or healthcare can offer higher salaries compared to other sectors.
- Performance: Consistently delivering excellent results can lead to bonuses and promotions. Strong performance reviews can also open doors to higher-paying positions.
Investing time in professional development and seeking opportunities for advancement can help a Payroll Manager earn more. By focusing on these factors, one can enhance their career and increase their earnings in the field.
